Updated Oct 29, 2024
1230 S. Ocean Blvd Palm Beach SFR Sold For $11.5M With Dana & Paulette Koch As Brokers
1230 S Ocean Blvd, Palm Beach, FL 33480, USA
$11,500,000
$110/SF
Building Size
103,830 SF
Asset Type
Single Family Residence
Closing
Aug 17, 2020
About this deal
AI
The property involved in this transaction is a single-family residence (SFR) located at 1230 S. Ocean Blvd in Palm Beach. The property spans a total of 10,383 square feet and was sold for a price of $11,500,000, resulting in a price per square foot of $1,108. The seller of the property is Thomas Maoli, represented by SMM Realty LLC, and the buyer is 1230 LLC. The deal was facilitated by Brokers Dana Koch and Paulette Koch from the Corcoran Group.
Summary of transaction details
- Property Type: Single-Family Residence (SFR)
- Transaction Amount: $11,500,000
- Square Footage: 10,383
- Price per Square Foot: $1,108
- Seller: Thomas Maoli – SMM Realty LLC
- Buyer: 1230 LLC
- Brokers: Dana Koch and Paulette Koch – Corcoran Group
The sale of the property at 1230 S. Ocean Blvd in Palm Beach was successfully completed with the assistance of Dana Koch and Paulette Koch from the Corcoran Group. Dana and Paulette Koch served as the brokers representing the seller, Thomas Maoli, in this transaction. Their expertise and knowledge of the Palm Beach market played a significant role in facilitating the deal and ensuring a smooth closing process for all parties involved.
Players
Palm Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
Visit Paulette Koch to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93